Should You Buy a Fixer-Upper in Orange County?

For many people, the idea of a fixer-upper property at a discounted price can seem appealing, but is it right for you? We will let you know what to look for if you want to buy a fixer-upper house in Orange County!

There are many types of people who might be interested in purchasing a fixer-upper property. You might find investors and bargain shoppers all looking at the same home. What is your motivation for purchasing? A person looking to purchase their eventual dream home might not buy the same way a house flipper might.

An investor might not want to purchase a house they aren’t sure they can resell quickly or fix for a low cost. Whereas someone looking for a long-term residence will only be concerned with finding the house that is right for them. There are a few things you should always do when buying a fixer-upper property…

Should You Buy a Fixer-Upper in Orange County?

Run the Numbers

And be realistic. What will it cost you to get the house into livable condition? Repairs, upgrades, and small cosmetic details can all add up fast. Seek the counsel of professional contractors to better determine what your repair costs will be. And while you’re at it…

Expect the Unexpected

Construction projects are expensive. There are always extra improvements you will need and additional trips to Home Depot you will find yourself making. When you purchase a fixer-upper, you should be prepared with a savings cushion to cover your “unexpected” costs.

You Might Get Dirty

If you enjoy DIY, buying a fixer-upper house can be a great project. However, just because you have seen a few shows on HGTV, doesn’t mean you should attempt to frame in a new closet without some help. Do as much as possible on your own, but also know when it is time to call in a pro.

Inspect, Inspect, Inspect

You know you are buying a house that needs work. However, you should know exactly how much work you’re looking at. Have the house thoroughly inspected for all the things you don’t see on your own. In addition, you might consider specialty inspections for things the average inspector can’t see. Septic tanks, plumbing and what’s really behind the walls should all be closely looked at. Your offer should include inspection contingencies. If the house fails the inspection miserably, you might want to reconsider your purchase and find something less burdensome.


Home equity and renovation loans are available to help you fix up a property. One of the most common types is the FHA 2039(k). Another popular choice is the Fannie Mae Homestyle Renovation mortgage. Both loans will help you buy AND fix up the house. If the house is only in need of small fixes, you might be able to finance them using a low-interest credit card.

Buying a fixer-upper property can be a huge commitment both time-wise and financially. Make sure you know what you are getting into and understand the effort you will need to put forth. Some people don’t plan for the expense of time it will take to fix. Don’t fail to plan and find yourself stuck with a house you aren’t even able to live in! Many people get in over their heads! If you a first-time buyer, and are looking for a fixer-upper property, make sure you have a knowledgeable and experienced team of real estate professionals available to help guide you through the process.

Do you want to buy a fixer-upper property in Orange County? Whether you are looking for a fixer-upper or a turn-key home, we are ready to help you now! Send us a message now or give us a call anytime! 949-625-4533


Broker/Realtor/Investor/Mentor (41 years experience) Specialties: Buyer's Agent, Listing Agent, Foreclosure, Short-Sale, Property Management, Landlord I'm a Full Time Real Estate Professional, house flipper and mentor to many of my clients. I am here to help you get top dollar for your home or get you the best price for a home that you are going to live in. I have over 40 years of real estate experience for you to draw on and actively list and sell over 20 homes a year. I have sold over 600+ homes in the last ten years alone. I am a very skillful negotiator and will work diligently to help you realize the best possible price when buying or selling your home. With my Exclusive Home Acquisition & Sales System, I can find the Right Home for You! I have access to homes no other Realtor will show you. I can show you how to save an average of $10,000.00 on the purchase price. We will find a home that fits your needs, in a neighborhood that suits your style. If you are selling your home then I can bring all the professionals to you. I always include professional photos in ALL my listings. I have contractors standing by to assist with those upgrades if needed. I can also quickly get you ALL CASH offers for your home if you desire. My marketing surpasses all other agents. It begins with extensive internet advertising to hundreds of websites throughout the world. I do direct mail marketing for you home and also knock on doors in your neighborhood when I am holding an open house. I hold you home open to expose it to as many buyers as possible. My Exclusive program is designed to sell your home for Top Dollar in Any market. I am an experienced flipper here in Orange County and therefore can offer you my over 40 years of real estate experience. The information is available to you at no charge! If you like what you see, please call me and setup Your Free Consultation.

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